Wowsers, check this out from the AFR:
Malcolm Turnbull was advised in a confidential memo in the aftermath of the 2016 election that the property boom was costing the Coalition support in the outer suburbs, regional cities and towns and the government needed to shift political strategy to avoid losing power.
The analysis, by current Energy Minister and former McKinsey management consultant Angus Taylor, compared the election results, seat by seat, with data from the 2011 census and concluded there had been a structural shift in voting patterns influenced by house price increases, according to a new book, The Surprise Party, How the Coalition Went from Chaos to Comeback.